Statement a is true. The intersection of SMC and MR is always best, unless it results in a loss that exceeds the firm's total fixed costs, in which case it is better to shut down and produce nothing. To find the price a price-setter must set, we always look at the point on its demand curve at the output it wishes to sell.
Recently, linking of which of the following rivers was undertaken?
Which state does NOT include any part of the Chota Nagpur Plateau?
In a particular region in India, the local people train the roots of living trees into robust bridges across the streams. As the time passes, these brid...
Which of the following rivers originates in the Indian Himalayas?
Which one of the following pairs of islands is separated from each other by the ‘Ten Degree Channel’?
What is the highest peak in the Western Ghats of India?
Consider the following pairs:
Which of the above pair...
Which of the following Indian state has the largest coastline?
Which of the following pair of mountain passes and the states/UTs they are located in, are correctly matched?
Study of Science of rocks which form the unit of earth crust is known as ?